$SPY April 13, 2024

4月13日SPY April 13, 2024

15 Minutes.
SPY took 50 average support in the daily.
Now 505-510 levels become important to hold.

The uptrend is from 493 levels in 15 minutes.
Made a high of524 levels.
so 61.8% retracement for that move is around 505 levels.
If that level is not held next week I find it difficult to go long.
Any rise up to 516 levels I will sell as I have a target 505 levels SL 518.

The long is only above 524 levels as of now.

Downtrend now bias at the moment.